Management today has many balls to juggle. They are responsible for planning, organizing, leading, and controlling. Each of these responsibilities is essential in becoming an effective manager. Let us look at each of them.

Planning. Our text defines planning as "The management function of systematically making decisions about the goals and activities that an individual, group, a work unit, or the overall organization will pursue in the future." (Bateman-Snell: Management: The New Competitive Landscape, Sixth Edition, p. 15)

Each year starting in July, our plant starts the early stages of budgeting. We will prepare a budget for the next fiscal year. We use sales forecasts, which drive our direct and indirect costs. From the sales figures, we also budget for our staffing. Staffing the plant with enough employees to meet customer demands.

Project portfolio management

English: Training meeting and endomarketing in a s...

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If we go through an increase in sales, we will fill in the gap with temporary labor. If we take a slight dip, we may ask employees to take voluntary layoffs for a short period.

We bid on new work constantly. In preparing the bids, we analyze capacity. Can we do the work we are bidding on in the space that we have in our plant? We also analyze supply. Can we acquire the material needed to complete the job? Can the material be delivered to the plant in time for us to produce the parts and ship them to the customer?

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... and controlling are just the main functions of management. The process of management is more a balancing act of many organizational components and acquiring good managerial skills will provide that balance and keep the employees motivated. � References Bateman, T. S., & Snell ...

3 pages17Aug/20100.0

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